UAE – Mubasher: The UAE’s Ministry of Finance is participating in the 2024 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) in Washington D.C.
The Emirati delegation will be led by Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, according to the Emirates News Agency (WAM).
The UAE delegation includes Ali Abdullah Sharafi, Acting Assistant Undersecretary for International Financial Relations, Hamad Essa Al Zaabi, Director of the Office of Minister of State for Financial Affairs, and Thuraiya Hamid Alhashmi, Director of International Financial Relations and Organisations at the Ministry of Finance.
Specialists from the Ministry of Finance and the Central Bank of the UAE are also attending the IMF and the WBG meetings. Al Hussaini will participate in the second G20 Finance Ministers and Central Bank Governors (FMCBG) meeting on the sidelines of the spring meetings.
He will also deliver a keynote at the International Monetary and Financial Committee (IMFC) plenary and chair the joint WBG-IMF Development Committee plenary.
The Minister will meet with the IMF Managing Director Kristalina Georgieva and other participating finance ministers, central bank governors, and heads of regional financial institutions of the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) region.
“The UAE Ministry of Finance will aim to advance discussions on macroeconomic stability and debt sustainability, as well as address the ripple effects of geopolitical challenges on global trade and medium-term growth prospects,” Al Hussaini said.
He noted: “In the context of the current landscape, it will be vital to strengthen multilateral efforts to accelerate sustainable development and push the world towards an inclusive and resilient path.”
The IMF and WBG spring meetings will feature various seminars, regional briefings, press conferences, and other events focused on the global economy, international development, and the world's financial system.
The main ministerial meetings and events will take place between 17 and 19 April 2024, with other sideline events and activities taking place during the week between 15 and 20 April.
